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UK AI in Image Recognition Market: Industry Trends, Market Size, Competitive Analysis and Forecast - 2019-2025

01-15-2020 06:51 AM CET | IT, New Media & Software

Press release from: Orion Market Reports

UK AI in Image Recognition Market

UK AI in Image Recognition Market

UK AI in Image Recognition Market is estimated to grow significantly at a CAGR of 28.4% during the forecast period. UK is the third-largest economy in Europe after Germany and France, majorly owing to its trading power and financial businesses. The country is undergoing the process of exiting the European Union and could create its new independent rules and regulations.

The country has well-developed ICT infrastructure, with continuous development in the information technology industry. UK is considered as a country with the highest number of AI start-ups in Europe, some of the start-ups include Sigma data Systems, Fingent, Light IT and others.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/uk-ai-in-image-recognition-market

The market is segmented on the basis of product type and end-user. Based on the product type, the market is bifurcated into hardware and software. The market for software is growing owing to the increasing demand for highly accurate facial analysis on video and images. Based on end-user, the market is segmented into automotive, BFSI, healthcare, security, and retail. Growing adoption of image recognition software for security as well as customer identification is the most common factor contributing to the growth of the BFSI segment.
UK law enforcement agencies have been using cameras with Automatic number plate recognition (ANPR).

This technology uses AI with image recognition to detect vehicles of criminals that are listed in the wanted list of the agency's computers these include tackling organized crime groups and terrorists. In addition, UK is the first country where AI for image recognition is used in a job interview to find the best applicants. Uniliver was the company that utilized this technology to analyze the language, tone and facial expressions of candidates. This has contributed significantly to the market growth in the country and created future opportunities for new players as well.

A full report of UK AI in Image Recognition Market is available at https://www.omrglobal.com/industry-reports/uk-ai-in-image-recognition-market

UK AI in Image Recognition Market-Segmentation

By Product Type
• Hardware
• Software

By End-User
• Automotive
• BFSI
• Healthcare
• Security
• Retail

Company Profiles
• Cortexica Vision Systems, Ltd.
• FiveAI Ltd.
• Fujitsu Ltd.
• Google, LLC
• IBM Corp.
• Intel Corp.
• Microsoft Corp.
• NVIDIA Corp.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/uk-ai-in-image-recognition-market

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +1 646-755-7667, +91 780-304-0404

Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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